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National accounts (annual)

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  3. National accounts (annual)

The producer price index rose by 0.2% in October year on year

Date 20.11.2024
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  3. The producer price index rose by 0.2% in October year on year
Eveli Šokman, team lead of producer price statistics at Statistics Estonia, said that producer prices in manufacturing as a whole increased for the second month in a row – by 0.7% in October and by 0.8% in September. “Compared with October 2023, the producer price index was most affected by higher prices in the manufacture of wood and wood products, in the repair of machinery and equipment, and in the manufacture of electronic equipment. Falling prices in the manufacture of fuel oils and in electricity and heat energy production had the opposite effect on the index. Producer prices in the

In January, the consumer price index was up by 3.7% year on year

Date 16.02.2026
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  3. In January, the consumer price index was up by 3.7% year on year
Lauri Veski, the Consumer Price Statistics Service Manager at Statistics Estonia, said that the last time that the year-on-year increase in the consumer price index was at a similar level was a year ago, in January 2025, when the consumer price index rose by 3.9%. “The rise in the consumer price index for January 2026 compared with December was primarily influenced by electricity, food and alcoholic beverages. The exchange prices of electricity soared in January, so that the electricity price index was up by 22.2% compared with December. Food prices were up by 2.3% in January, with 11.1% more

The economy contracted by 1% in Q2

Date 30.08.2024
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  3. The economy contracted by 1% in Q2
According to Statistics Estonia, in the second quarter of 2024, the gross domestic product (GDP) decreased by 1% compared with the same period of 2023. The GDP at current prices amounted to €9.8 billion.

In June, the consumer price index rose by 0.9% compared with May

Date 07.07.2025
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  3. In June, the consumer price index rose by 0.9% compared with May
Lauri Veski, team lead of consumer price statistics at Statistics Estonia, said that the consumer price index in June was up by 0.9% compared with May and by 5% year on year. “Compared with June 2024, the index was affected the most by the 8.4% higher prices of food products. In transport, prices increased by 7.5%, mainly due to the motor vehicle tax introduced in January and price changes in passenger transport. New price lists for health services are in force from May, including an increased appointment fee for specialist medical care, which also affected the index year on year (10.1%). A

Number of unemployed persons fell for the second year in a row

Date 15.02.2023
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  3. Number of unemployed persons fell for the second year in a row
According to Statistics Estonia, in 2022, the labour force participation rate was 73.3%, the employment rate was 69.2%, and the unemployment rate was 5.6%. There were 677,400 employed persons, which is the highest number of recent years.

Number of foreign tourists up by 15% in November

Date 10.01.2025
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  3. Number of foreign tourists up by 15% in November
Helga Laurmaa, leading analyst at Statistics Estonia, said that 119,000 foreign and 128,000 domestic tourists were accommodated in Estonia in November 2024. The number of domestic tourists, which was in decline for most months in 2024 year on year, took an upturn in October 2024 and continued this trend in November. Still, the number of tourists remained 6% smaller than in November of 2019, the pre-pandemic record year. “Compared with November 2019, there were 12,000 more domestic tourists accommodated, while the number of foreign tourists was lower by 27,000 in November 2024,” added Laurmaa

Construction volume down by 6% last year

Date 21.02.2025
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  3. Construction volume down by 6% last year
The production value of Estonian construction enterprises in 2024 was 3.9 billion euros, including 2.4 billion euros’ worth of building construction and 1.5 billion euros’ worth of civil engineering. Compared with 2023, the volume of building construction fell by 9% and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.) by 2%. Merike Sinisaar, leading analyst at Statistics Estonia, pointed out that construction volumes decreased for the third year in a row. “The downturn in the domestic construction

Construction prices rose by 1.5% last year

Date 21.01.2026
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  3. Construction prices rose by 1.5% last year
The construction price index expresses the change in construction expenditures taking into consideration the price changes of three basic inputs: labour force, building machines, and building materials. The calculation of the construction price index covers four groups of buildings: detached houses, blocks of flats, industrial buildings, and office buildings. The repair and reconstruction work price index covers office buildings. Ülo Paulus, leading analyst at Statistics Estonia, said that the increase in the construction price index in 2025, compared with the average of 2024, was primarily

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